Home › Forums › Closed Forums › Buying and Selling RE › Why can I not get a loan? › Right-on, XBoxBoy. Great
Right-on, XBoxBoy. Great minds think alike.
PMI is going to cost $4K per year on a 800K house at 10% down. Putting another 80K down saves you 4K per year in after-tax expenditures.
That’s 5% AFTER TAX on the 80K. Who’s making that these days ?
